IMF warns rising energy prices could fuel global inflation

By Seun Ibiyemi The International Monetary Fund (IMF) has warned that sustained increases in energy prices could drive global inflation and weaken economic growth if the current trend persists. IMF spokesperson, Julie Kozack, disclosed this on Thursday, noting that ongoing conflict has already disrupted seaborne shipments of oil and natural gas, pushing crude oil prices…

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NSC urges dialogue as freight forwarders protest tariff hike

By Seun Ibiyemi The Executive Secretary of the Nigerian Shippers’ Council (NSC), Akutah Pius, has urged freight forwarders to embrace dialogue over industrial action in response to recent tariff increases, warning that prolonged disputes could harm Nigeria’s economy and disrupt trade. Akutah made the appeal on Thursday in Lagos while reacting to the picketing of…

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NGX urges infrastructure investment to drive Nigeria’s economic growth

By Seun Ibiyemi The Nigerian Exchange Group (NGX Group) has called for increased investment in Nigeria’s critical infrastructure to unlock economic growth and enhance the country’s global competitiveness. In a statement issued in Lagos, the Group said its Chairman, Umaru Kwairanga, made the call on Thursday at the Nigeria Infrastructure Investment Forum in London. Kwairanga,…

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Gas shortage, payment disputes worsen electricity instability as FG promises improvement

By Seun Ibiyemi Electricity supply across Nigeria has remained unstable, with industry operators blaming the situation on persistent gas shortages and unresolved payment issues within the power sector. Power generation companies (GenCos) said inadequate gas supply has significantly reduced their ability to generate electricity, resulting in frequent outages and load shedding across many parts of…

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Osun 2026: Oyebamiji greets Muslims at Eid, promises jobs, growth, youth empowerment

By Seun Ibiyemi The candidate of the All Progressives Congress (APC) in the forthcoming 2026 Osun off-cycle governorship election, Asiwaju Munirudeen Bola Oyebamiji (AMBO), has congratulated Muslims in Osun State on the successful completion of the holy month of Ramadan, while reiterating his commitment to job creation, economic growth and youth empowerment in the state….

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IGP, Soludo strengthen security partnership

By Seun Ibiyemi The Inspector-General of Police (IGP), Olatunji Rilwan Disu, has reaffirmed the Nigeria Police Force’s commitment to enhanced security collaboration with the Anambra State Government ahead of the state’s second term inauguration. The IGP, represented by the Deputy Inspector-General of Police in charge of the South East Zone, Kenechukwu Onwuemelie, paid a courtesy…

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NCS, UK Customs strengthen trade ties, move to bridge £1.2bn data gap

By Seun Ibiyemi The Nigeria Customs Service (NCS) has deepened its strategic partnership with the United Kingdom’s customs authority following a high-level bilateral meeting aimed at boosting trade facilitation and transparency between both countries. The engagement, held in London on March 18, 2026, brought together the Comptroller-General of Customs, Bashir Adewale Adeniyi, and Ms Megan…

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